How do you reconcile crypto?

Robert Armani

Does anyone know how to reconcile crypto monthly statements?

Chris_QPW

I don't see how this would be any different than any other security. Note that crypto is treated as a security, not a currency.

So, the basic operation of reconciling an investment account is:

1. Make sure the shares of each security in the account on the given date equal what is in Quicken (the Investing tab → Portfolio View can be set to a date in the past). If this different then you need to find the transaction(s) that are wrong and correct them.
2. Reconcile the cash in the account. Ctrl+R will start that reconcile. Note that even though transactions like buy/sell come up, you are actually only reconciling that the cash total comes up to the right amount, which if you haven't reconciled the securities first will give you a false sense of "reconciled" if you only do step #2. For instance, in a 401K account that doesn't hold any cash, it is very easy to reconcile to zero and still be way off on the value of the account if the share amounts aren't correct.